seth1640
2 years ago
https://gov.capital/stock/vygvq-stock/#:~:text=As%20of%202023%20April%2019%2C%20Wednesday%20current%20price,were%20not%20very%20popular%20in%20the%20given%20period.
As of 2023 April 24, Monday current price of VYGVQ stock is 0.0327$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).
Voyager Digital stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period.
Our site uses a custom algorithm based on Deep Learning that helps our users to decide if VYGVQ could be a good portfolio addition. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.
Future price of the stock is predicted at 8.1607115601104$ (24856.304% ) after a year according to our prediction system.
This means that if you invested $100 now, your current investment may be worth 24956.304$ on 2024 April 24, Wednesday.
LoserTrying2Win
2 years ago
So Voyager is going to sell it's crypto and accounts to Binance in a liquidation sale.
Binance moves the assets/accounts to it's platform. (Aka the actual plan in the proposal)
This leaves Voyager with nothing but unsettled Claims against the company with no assets.
Binance is taking what has value here and leaving the pile of garbage behind, which is the claims against voyager and the shareholders.
How exactly (iyo) does that make this ticker go to dollars?
As of now (and it's not opinion) when this deal is finalized the company is over as the 1 billion asset purchase price doesn't cover the class 9 claims (which stock holders are). It will be the literal end here for shareholders, lights out, over.
Some info on how bankruptcy laws work for shareholders as it seems many have no idea.
A company's securities may continue to trade even after the company has filed for bankruptcy under Chapter 11. In most instances, companies that file under Chapter 11 of the Bankruptcy Code are generally unable to meet the listing standards to continue to trade on Nasdaq or the New York Stock Exchange. However, even when a company is delisted from one of these major stock exchanges, their shares may continue to trade on either the OTCBB or the Pink Sheets. There is no federal law that prohibits trading of securities of companies in bankruptcy.
Note: Investors should be cautious when buying common stock of companies in Chapter 11 bankruptcy. It is extremely risky and is likely to lead to financial loss. Although a company may emerge from bankruptcy as a viable entity, generally, the creditors and the bondholders become the new owners of the shares. In most instances, the company's plan of reorganization will cancel the existing equity shares. This happens in bankruptcy cases because secured and unsecured creditors are paid from the company's assets before common stockholders. And in situations where shareholders do participate in the plan, their shares are usually subject to substantial dilution.
Invest-in-America
2 years ago
Maybe in the COURT ROOM!! I'm clueless, W-H-JR!! This lawsuit stuff, investigations, fraud, etc., mostly sends a stock SOARING; go figure??? (Hey, watch PRTY today, as "G2G" tossed circa $25,000 at it in the After Hours last night; I ain't got none, but its that PARTY STORE Company at your local mall!! HA-HA!! They might get a bailout behind looming bankruptcy!!)